$300,000

670 Bethel Ave Memphis, TN 38107

$3,563
Closing credit¹
Multi-Family

Property details

About 670 Bethel Ave

***New tenant going in Dec 13th, bringing the monthly income up by $650!*** Just a few blocks from the burgeoning Downtown area is this 6-unit apartment building - some claim to be close to Downtown, but this one really is! 4 of the units are occupied & one is rent-ready. This building was rebuilt from the studs out in 2018 - roof, plumb., elec., all of it! Each unit has a dedicated mini-split heat/air unit and parking. Area around building is nice, with new homes & high values - current rents are $3450, but should be $4100+ when the last vacant unit is turned. Value-add potential.

Highlights

Home typeMulti Family
HeatingOther
StatusActive
CoolingOther
Year built1952
ParkingAsphalt/Blacktop
MLS #10174536

Summary

  • MLS Number: 10174536
  • Office Name: Memphis Metro Realty

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 8:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of single story home

$300,000

670 Bethel Ave

$3,563

closing credit¹

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Price information

Property sales

DateEventPrice
Dec 04, 2017
Home Sold
$185,000
Feb 18, 2005
Home Sold
$45,000

Tax history

YearAssessmentProperty Tax
2024$68,760$4,188
2023$68,760$4,188
2022$68,760$4,237
2021$68,760$4,237
2020$12,000$869
2019$12,000$869
2018$12,000$493
2017$12,000$459

History based on county public records data.

Nearby schools

3

Kipp Memphis Collegiate Elementary School

Public Charter KG-4

0.4 mi

230 Henry Ave

3

Memphis Scholars Caldwell-Guthrie (ASD)

Public Charter PK-5

0.7 mi

951 Chelsea Ave

3

Downtown Elementary School

Public Magnet PK-5

1.5 mi

10 N 4th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $27,174. The majority of Memphis, TN residents have income less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

62%
<35k
31%
35k-100k
5%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

60%
Single, No Kids
29%
Single, with Kids
7%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
11%
12-17 yrs old
19%
18-34 yrs old
41%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 670 Bethel Ave in Memphis, TN and zip code 38107 in the Downtown neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 13, 2024 and is currently priced at $300,000.

While more than 33 listings in Memphis, TN in January 2025 were sold above asking price, there were more than 72 listings sold at asking price, and more than 166 were sold below. The number of homes for sale in Memphis, TN increased by 11.7% between December and January 2025.

From Rocket Homes Real Estate and based on county public records data.

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